Who uses a Donor Advised Fund

At Prism, our Donor Advised Funds (DAFs) are tailored to time poor, high net worth individuals, who are struggling to keep a record of their giving. We tend to work with sophisticated donors who are looking for a structure through which to begin, expand, or continue their philanthropic endeavors. They are interested in giving tax effectively, efficiently, both in the UK and internationally. They are all UK taxpayers, looking for a service which is flexible, bespoke, and professional. A Prism account ticks all those boxes, making giving easier for those with the potential to make a significant contribution to the charitable sector.

What are the benefits?

Prism offers a personal service to each client, and everyone has a dedicated relationship manager. In addition we enable clients to:

  • Make gifts into their Prism account of cash, shares, or property
  • Name their account however they wish
  • Advise on the asset management of their account
  • Gift out to organisations worldwide (provided organisations meet our due diligence requirements)
  • Top up their account at any time
  • Receive quarterly summaries of donations and investment performance and end of year tax statements to concisely summarise their philanthropy for their tax return.

If you’d like to hear more about our DAF services, please click the “Contact Us” button below and get in touch with one of our relationship managers.

Testimonials

  • "I was recommended to Prism the Gift Fund in 2013 by the co-founder of Givewell (a major US based charity evaluator).

    I have always had substantial funds in my DAF with Prism and make regular donations both within U.K. and internationally. I have always been impressed by the professional and seamless approach of Prism - not only in respect to donations (especially international donations which can be more complex) but also the investment of the funds. I am also very impressed by Anna Josse's vast knowledge and contacts in the philanthropy world, both with top charities and top charity legal and tax advisors.

    I have introduced many friends and contacts (especially in the finance profession) to Prism and they are also extremely happy with the service."

    –

  • "I would absolutely recommend them if you are looking for administrative support which is responsive and well run. I opened my Donor Advised Fund in early 2013. I was given a relationship manager and a lot of flexibility to choose when and how much to gift, as well as how I would like to invest funds. I’ve found them to be really accommodating and efficient so far, and they’ve been a fantastic replacement to a traditional Foundation structure for me and my family. I have recommended Prism the Gift Fund to a number of my contemporaries and will continue doing so".

    –

How to give